College of Business

Exploring the Accounting Profession

Masters of Accounting Students and Faculty Trek to Washington, D.C.


 
image: /_images/cob/accounting/msa-dc-trip-2016-sec-1000x600.jpg

SUMMARY: The newest cohort of the Masters of Accounting (MSA) program traveled to Washington D.C. and met with officials at the Public Company Accounting Oversight Board (PCAOB) and the Securities and Exchange Commission.


The newest cohort of the Masters of Accounting (MSA) program traveled to Washington, D.C., for a first-hand look at the accounting profession and for an opportunity to bond as a class that will be working as colleagues this coming year. Sixty-eight students and four faculty members went on the annual excursion, which took place during the second week of classes and is supported by contributions from alumni and friends, the School of Accounting and the College of Business. 

The group visited and met with officials at the Public Company Accounting Oversight Board (PCAOB) and the Securities and Exchange Commission - two federal agencies that regulate the accounting profession. Both of these institutions are referenced multiple times in the upcoming year, and now the students can identify with people as opposed to just the institutions.  

“Since approximately 80 percent of our MSA students will enter the accounting profession as auditors, it is important for them to understand the regulatory environment and to hear directly from the regulators the consequences of not taking their jobs seriously,” says MSA program director Nancy Nichols. “Reading about the consequences in a textbook is not nearly as effective as hearing stories about accountants losing their licenses and their careers from the individuals who enforce the accounting and auditing standards.” 

Watch the trip unfold.

Published: Monday, October 3, 2016

Last Updated: Monday, October 3, 2016

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